According to Rockwool's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.7916. At the end of 2022 the company had a P/E ratio of 17.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 17.8 | -32.97% |
2021 | 26.5 | 11.6% |
2020 | 23.8 | 48.23% |
2019 | 16.0 | -11.13% |
2018 | 18.0 | -18.43% |
2017 | 22.1 | -3.09% |
2016 | 22.8 | -26.61% |
2015 | 31.1 | 90.96% |
2014 | 16.3 | -14.89% |
2013 | 19.1 | 24.53% |
2012 | 15.4 | 16.32% |
2011 | 13.2 | -45.96% |
2010 | 24.4 | -22.87% |
2009 | 31.7 | 530.61% |
2008 | 5.03 | -49.37% |
2007 | 9.93 | -40.18% |
2006 | 16.6 | -23.87% |
2005 | 21.8 | 77.97% |
2004 | 12.2 | -19.59% |
2003 | 15.2 | -8.75% |
2002 | 16.7 |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.